Bordelonville Real Estate News

Regional Headlines

Severe flooding in south Louisiana was mostly caused by rising water from heavy rains and swollen tributaries, which requires flood insurance. In some cases, owners whose homes flooded from drain and sewer backups inside their house could be covered by special riders on their homeowner's policy, but not fully protected from heavy damage.
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A new study shows Louisianans are getting paid the same, but rental and mortgage costs are on the rise. Housing leaders say the growing gap underscores the need for more affordable housing in New Orleans and the state.
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In this Jan. 21, 2018, photo, lights shine inside the U.S. Capitol Building as night falls in Washington. In this Jan. 21, 2018, photo, lights shine inside the U.S. Capitol Building as night falls in Washington.
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As the spring rainy season approaches, Louisiana homeowners, renters and business owners are urged to purchase affordable flood insurance through the National Flood Insurance Program. A few inches of floodwater can cause thousands of dollars worth of damage.
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National Headlines

Is your purchasing heavily influenced by advertising? Be careful of that when you are dealing with home builders when buying a new construction home. Real estate broker, Kathy Sperl-Bell of Active Adults Realty in Delaware explains the ways home builders try to influence you to buy one if their homes.
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Aygoren oversees the editorial direction and content for ALM's Real Estate Media Group, including Real Estate Forum and GlobeSt.com. In her tenure with ALM, she's held roles of increasing responsibility, including Managing Editor.
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Royal Bank of Scotland will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008, the U.S. Justice Department said on Tuesday, adding this was the largest penalty imposed on a bank for misconduct during the financial crisis. The department said that RBS disputes the allegations and does not admit wrongdoing.
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U.S. prosecutors drilled deep into Paul Manafort's lavish lifestyle and spending habits, as they continued building their case that President Donald Trump's former campaign manager committed bank fraud and tax evasion. Prosecutors spent the second day of the trial against Manafort presenting more invoices and witness testimony as they detailed wire transfers from Cypriot shell companies that, officials allege, were used to hide millions of dollars of income from Manafort's lobbying work in Ukraine.
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